Lightbridge receives notice of allowance on patent from Eurasian Patent Office

Lightbridge (LTBR)announced that it has received a Notice of Allowance from the Eurasian Patent Office for its multi-zone nuclear fuel rod design. Specifically, this patent covers methods and apparatus for fabricating fuel rods using additive manufacturing techniques, enabling the creation of distinct radial and axial zones with varying compositions of refractory metals and alloys, as well as fuel materials, such as zirconium alloys combined with uranium, plutonium, or thorium. Seth Grae, President and Chief Executive Officer of Lightbridge Corporation, commented, “This Notice of Allowance strengthens our intellectual property portfolio in Eurasia, a key region for nuclear energy deployment, home to over 40 operating reactors and ambitious expansion plans.”